Chartered Company vs Federacy

A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration, and colonization.

A federacy is a form of government where one or several substate units enjoy considerably more independence than the majority of the substate units.[1] To some extent, such an arrangement can be considered as similar to asymmetric federalism.

1.1 Oxford Dictionary

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A group of states with a central government but independence in internal affairs; a federation.

1.2 Cambridge Dictionary

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1.3 Merriam-Webster Dictionary

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1.4 Etymology

1.4.1 Word Origin Language Text

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1.4.2 Latin root Text

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1.4.3 Greek root Text

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1.4.4 Word Origin Language(s)

Not Available

Latin

1.4.5 Latin Root

Not Available

foedus - foeder

1.4.6 Greek Root

Not Applicable

Not Applicable

1.4.7 Other

Not Available

Not Available

1.4.8 Word Origin Period

Not Available

17th century AD

1.5 Similar Government Types

2 Characteristics

2.1 Government Class

Autonomy of regions

Autonomy of regions

2.1.1 Government Class Text

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2.2 Advantages

Decisions made quickly, Direct control of the decision making process, More discipline, More organized, Speed and decisiveness, Stronger Military

Antigua and Barbuda, Nicaragua, North Caribbean Coast Autonomous Region, and South Caribbean Coast Autonomous Region, Sanit Kitts and Nevis, Trinidad and Tobago, United States and Puerto Rico

3.5 South American

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NA

3.6 Others

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Cook Islands, Fiji and Rotuma, Papua New Guinea and Bougainville

3.7 Ancient Regime

3.7.1 Asia

Not Available

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3.7.2 Europe

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3.7.3 Africa

Not Available

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3.7.4 North America

Not Available

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3.7.5 South America

Not Available

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3.7.6 Other

Not Available

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4 History

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4.1 Origin

4.1.1 Place of Origin

Sweden

Not Applicable

4.1.2 Period of Origin

14th century AD

Not Applicable

4.1.3 Origin Era

A.D.

A.D.

4.1.4 Place of origin Text

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4.1.5 Period of Origin Text

Swedish copper mining company Stora Kopparberg ("great copper mountain") in Falun was granted a charter from King Magnus IV of Sweden in 1347.

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4.2 Famous Quotes

The East India Company established a monopoly over the production of opium, shortly after taking over Bengal. - ROBERT TROUT , AMERICAN JOURNALIST

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.-Milton Friedman

4.3 Famous Leaders

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4.4 Modern

4.4.1 Early Modern

Swedish copper mining company Stora Kopparberg ("great copper mountain") in Falun was granted a charter from King Magnus IV of Sweden in 1347, Some claim this to be the oldest existing corporation or limited liability company in the world.

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4.4.2 18th and 19th Century

More chartered companies were formed during the late nineteenth century's "Scramble for Africa" with the purpose of seizing, colonizing and administering the last 'virgin' territories, but these proved less profitable than earlier trading companies.

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4.4.3 20th and 21st Century

The last chartered company to administer territory directly in Africa was the Companhia de Moçambique in Portuguese East Africa , which handed over rule of the colonies of Manica and Sofala to the Portuguese republic's colonial government in 1942.

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Difference Between Chartered Company and Federacy

Generally, a new type of government is established when its earlier alternative fails to fulfill the needs of citizens. When such a type of government is established, the positive attributes of the previous government are retained whereas, the negative attributes are changed. Similarly, Chartered Company and Federacy were established. So, what exactly is the difference between Chartered Company and Federacy? These two types of government are differentiated based on factors like definition, ideologies, characteristics, structure, etc. The widely used definition of Chartered Company is "A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration, and colonization." whereas, Federacy is defined as "A federacy is a form of government where one or several substate units enjoy considerably more independence than the majority of the substate units.[1] To some extent, such an arrangement can be considered as similar to asymmetric federalism.".

Comparison of Chartered Company vs Federacy

Comparison of Chartered Company vs Federacy proves to be significant when we are studying different types of governments. Chartered Company and Federacy may differ drastically in their principles or they could be such government forms, which are derived from one another. These principles and other details can be studied at Chartered Company Definition and Federacy Definition.

Chartered Company vs Federacy History:Comparison of Chartered Company vs Federacy history tells us how these types of governments have evolved over time. Chartered Company has originated in 14th century AD whereas Federacy took roots in Not Applicable. Founders or advocates of Chartered Company are Not Available and people who have contributed in the progress of Federacy are Not Available.

Chartered Company vs Federacy Characteristics:While comparing Chartered Company vs Federacy characterisitcs it is essential to consider the benefits and demerits of both the types of governments. Decisions made quickly, Direct control of the decision making process, More discipline, More organized, Speed and decisiveness, Stronger Military are the advantages of Chartered Company whereas Federacy advantages are Absence of monopolistic practices, Better leadership, Not Available, Respect Diversity. Chartered Company has demerits like Complex structure, Difficult to change internally whereas; Complex structure, Difficult to change internally are the disadvantages of Federacy

Compare Chartered Company vs Federacy Structure:

When you compare Chartered Company vs Federacy structure the factors to be considered are majority rule, succession, presence of parliament and constitution.

Majority Rule does not apply in Chartered Company. While in Federacy, Majority Rule is present.

The succession rule applied in Chartered Company is Not Applicable and that in Federacy is Elective.

Parliament is Absent in Chartered Company and in Federacy parliament is present

Constitution is Absent in Chartered Company and in Federacy constitution is Present.